Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


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Michael Wara and David Victor Address the Role of Offsets in California's Cap and Trade Plan

In the News: Science Magazine

California's plan to cut carbon emissions 10% by 2020 relies on offsets as a part of a cap and trade scheme. Michael Wara points out the challenges that face the state as it designs its offset program, and David Victor sheds light on difficulties faced by the world's largest offset program, the UN's CDM protocol.